Hey guys,
Bitcoin looking tasty on every major timeframe.
In the Monthly TD sequential we have a few candles to go till we reach a 9 setup. When comparing the chart to ADABTC there is a correlation, as ADABTC will hit a 9 13 9 Combo Countdown and a massive falling wedge bottom which has potential for a longtime reversal.
In the Weekly TD we are in an 11 from the countdown with 13s mostly pushing higher and reversing 20-30% from the candleclose. And know what? That reversal could perfectly match the 20k region, where we will most definitely see profit taking. This could put us back to the 14k region by than.
In the Three-Day Chart everything looks bullish. The TD 9 13 9 never reached the last nine, but instead showed a red breaking 9 and therefore this signals that we won't have a reversal here and should move into the next 9 setup (we are at nr. 2). Hence, 18-21 Days of positiv movement equals the 3 weeks of bullishness in the weekly chart. Furthermore we regained the 10SMA and the 21 EMA and the most important RSI region in uptrends was defended.
Daily looks like it really wants to move to 13500k.
4H Chart just had it's golden cross overnight. Well from there... In general we had 100%+ gains...
Happy trading!
Bitcoin looking tasty on every major timeframe.
In the Monthly TD sequential we have a few candles to go till we reach a 9 setup. When comparing the chart to ADABTC there is a correlation, as ADABTC will hit a 9 13 9 Combo Countdown and a massive falling wedge bottom which has potential for a longtime reversal.
In the Weekly TD we are in an 11 from the countdown with 13s mostly pushing higher and reversing 20-30% from the candleclose. And know what? That reversal could perfectly match the 20k region, where we will most definitely see profit taking. This could put us back to the 14k region by than.
In the Three-Day Chart everything looks bullish. The TD 9 13 9 never reached the last nine, but instead showed a red breaking 9 and therefore this signals that we won't have a reversal here and should move into the next 9 setup (we are at nr. 2). Hence, 18-21 Days of positiv movement equals the 3 weeks of bullishness in the weekly chart. Furthermore we regained the 10SMA and the 21 EMA and the most important RSI region in uptrends was defended.
Daily looks like it really wants to move to 13500k.
4H Chart just had it's golden cross overnight. Well from there... In general we had 100%+ gains...
Happy trading!
